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Wednesday, September 23, 2009

Fixing finance:

Fixing finance:

A comment on Option ARMs
Calculated Risk, September 22, 2009
The impact of Option ARM recasts is a huge question mark.
http://www.calculatedriskblog.com/2009/09/comment-on-option-arms.html

Tarp was a flop
Paul Hodes, USA Today, September 23, 2009
Target relief to Main Street families and businesses, not big banks.
http://blogs.usatoday.com/oped/2009/09/opposing-view-tarp-was-a-flop.html?csp=34

Bank Pay Controls Aren't the Answer
Andy Kessler, Wall Street Journal, September 23, 2009
It was leverage, not a 'thirst' for risk, that toppled the financial system.
http://online.wsj.com/article/SB10001424052970204488304574426961398219136.html?mod=rss_opinion_main


Our $2 Trillion Bridge to Nowhere
Stephen Moore, Wall Street Journal, September 23, 2009
Americans believe Washington squanders half of every tax dollar.
http://online.wsj.com/article/SB10001424052970204488304574424750482799212.html?mod=rss_opinion_main

Output, Productivity, Employment, Household Debt, Consumption, and Wealth
http://economistsview.typepad.com/economistsview/2009/09/output-productivity-employment-household-debt-consumption-and-wealth.html

Fed Watch: Even With Growth, A Long, Hard Road
http://economistsview.typepad.com/economistsview/2009/09/fed-watch-even-with-growth-a-long-hard-road.html

Break up America's banks - Dean Baker
http://www.guardian.co.uk/commentisfree/cifamerica/2009/sep/21/tea-party-protest-bank-bailout

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